Osborne Clarke has seen its partner profits fall by 20 per cent, citing a refusal to allow last year’s harsh technology climate to lead to sacrificial redundancies as the reason The firm’s average profits per equity partner fell from £337,000 to £270,000 last year.“Partners knew their business response to market conditions in the last financial […]

In the UK, lawyers and journalists regularly top polls of the most loathed professions. Lawyers tend to feel aggrieved by this, whereas we journalists masochistically revel in our villainous status. In any case, it’s an entirely luxurious position to be in, given that being either in this country does not require a great amount of […]

Kennedys turnover for 2001 has risen by 13 per cent on last year’s £24.7m The insurance litigation specialist capitalised on a year in which counter-cyclical litigation practices have come to the fore to raise fee income to £28m.Equity partners will benefit from a bumper harvest because profits are up by a huge margin. This year […]

You don’t need to be a pensions expert to have got wind of the fact that UK pension provision, in line with most of Europe, is in something of a pickle The gap between the quality of life that people now expect to enjoy in retirement and the reality of what most current pensions will […]

10 June 200200:00

Thorn in my side

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Carey Olsen partner Christopher Anderson recently introduced the concept of a hybrid vehicle for use in the insurance-linked securities (ILS) industry. Here, he explains how and why he came up with the idea of the world’s first ILS hybrid. As is often said, the best ideas are always the simplest. That is reassuringly accurate for […]

Tony O’Reilly explained the importance of ‘agile app development’ when using no-code automation platforms like Neota. It’s not a new term, it’s been around for the many years but in this context, Tony explained, agile app development is about having something that gives you the ability to develop applications quickly in terms of having an […]

By David Smedley, Andrew Rayment, Shakeel Dad The last few months have seen many announcements in relation to changes expected in the employment law arena. With new information being received almost weekly, our legislation update sets out the changes in chronological order and highlights the headline points together with the proposed or confirmed implementation dates.

Nosworthy v Instinctif Partners Ltd UKEAT/0100/18 – ‘Bad leaver’ provision requiring forfeiture of shares and loan notes was not unlawful In this case, the Employment Appeal Tribunal (EAT) held that a bad leaver provision forcing an employee to give up her shareholding if she resigned was not an ‘unconscionable bargain’. Nor was it void as […]

24 May 201906:26

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Osborne Clarke has seen its partner profits fall by 20 per cent, citing a refusal to allow last year’s harsh technology climate to lead to sacrificial redundancies as the reason The firm’s average profits per equity partner fell from £337,000 to £270,000 last year.“Partners knew their business response to market conditions in the last financial […]

In the UK, lawyers and journalists regularly top polls of the most loathed professions. Lawyers tend to feel aggrieved by this, whereas we journalists masochistically revel in our villainous status. In any case, it’s an entirely luxurious position to be in, given that being either in this country does not require a great amount of […]

Kennedys turnover for 2001 has risen by 13 per cent on last year’s £24.7m The insurance litigation specialist capitalised on a year in which counter-cyclical litigation practices have come to the fore to raise fee income to £28m.Equity partners will benefit from a bumper harvest because profits are up by a huge margin. This year […]

You don’t need to be a pensions expert to have got wind of the fact that UK pension provision, in line with most of Europe, is in something of a pickle The gap between the quality of life that people now expect to enjoy in retirement and the reality of what most current pensions will […]

Cleary joins Lovells on SAB’s Miller purchase Cleary Gottlieb Steen & Hamilton has advised South African Breweries (SAB) for the first time and is working closely with SAB’s longstanding adviser Lovells on the acquisition of Miller Brewing Company from Philip Morris.SAB is the fourth-largest brewer in the world, but the acquisition will take the newly-named […]

10 June 200200:00

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